Hohm energy Chad

Hohm Energy raises $8 million seed to tackle

South African solar energy startup Hohm Energy has raised an $8 million seed round to scale its rooftop solar installation product. The funding, the largest seed round ever raised by a South African tech startup, was led by

Major South African solar provider stops trading, enters business

Hohm Energy said the market had shifted from only affluent homeowners opting for solar to lower-income households being able to afford installations through financing options and other deals.

Hohm Energy SA (@hohmenergy) • Instagram photos and videos

1,065 Followers, 150 Following, 241 Posts - Hohm Energy SA (@hohmenergy) on Instagram: "We help homeowners and businesses go solar with accredited solar providers in just a few

El panorama competitivo de la energía HOHM – CBM

Posición de mercado de Hohm Energy. Como jugador líder en el sector de energía renovable, Hohm Energy ha establecido una posición de mercado sólida al ofrecer un

Exclusive: Hohm Energy in financial distress months

Hohm Energy, the South African solar company that announced a $8 million seed round in February, is currently not operational due to cash flow problems and an inability to service existing debts. The company has entered

South African startup Hohm Energy begins liquidation

Hohm Energy, a South African climate startup, has reportedly filed for voluntary liquidation with the Companies and Intellectual Property Commission (CIPC), an agency of the Department of Trade, Industry, and

Hohm energy Chad

6 FAQs about [Hohm energy Chad]

What is Hohm energy?

Steytler and Ohlsen could not be reached for comments. Founded in 2021, Hohm Energy’s flagship product is a solar marketplace that lets customers digitally determine their solar energy requirements and access loans for rooftop solar installation. The platform also enabled solar installers to design, manage, and finance projects.

Who is Hohm Energy's parent company?

*Editor’s note: An earlier version of this article referred to Hohm’s parent company as Spark Energy Services. It has now been corrected to Spark Energy. South African solar energy Hohm Energy is in business rescue five months after announcing a $5 million seed round.

How much is Hohm energy worth?

So far, Hohm Energy, whose model is similar to Norway’s Otovo, has produced more than 17,000 tailored solar rooftop designs utilizing its solar proposal engine, valued at $190 million. Additionally, it has facilitated over $90 million in finance applications to its retail banking partners.

Why is Hohm energy not operating?

Hohm Energy, the South African solar company that announced a $8 million seed round in February, is currently not operational due to cash flow problems and an inability to service existing debts.

What happened to Hohm energy?

Solar company Hohm Energy has entered into voluntary liquidation with the Companies and Intellectual Property Commission (CIPC). The company informed creditors of the move this week. At the end of July 2024, it entered into a business rescue due to cash flow challenges and its inability to service existing debts.

Why should you choose Hohm energy for your solar project?

In short, Hohm Energy offers solar installers the chance to establish trust and handle every aspect of their solar projects, from design and management to financing and procurement. Meanwhile, customers benefit from a digital platform that assesses their property’s solar needs and provides access to credit financing.

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